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FTT applies RFC 2012 plc when finding contingencies insufficient and payments to EBT were earnings (Landid v HMRC)

FTT applies RFC 2012 plc when finding contingencies insufficient and payments to EBT were earnings (Landid v HMRC)
Published on: 18 September 2017
Published by: LexisPSL
  • FTT applies RFC 2012 plc when finding contingencies insufficient and payments to EBT were earnings (Landid v HMRC)
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Article summary

Tax analysis: in the first First-tier Tax Tribunal (FTT) decision to take account of the Supreme Court’s decision in RFC 2012 plc v HMRC, the FTT has again held that payments to the sub-fund of an employee benefit trust (EBT) constituted earnings for both income tax and National Insurance contributions (NICs) purposes. or take a trial to read the full analysis.

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